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Topic: Inflation can really ruin a coin - page 2. (Read 193 times)

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Activity: 217
Merit: 10
July 03, 2022, 03:29:45 PM
#1
We all have heard about inflation.
Inflation is very bad.

It is when a good or product (or even money) is produced again and again, indefinitely.
It is when a product is not limited in its existence.

From an investment perspective, it is very important to look out for capped assets to avoid inflation of your asset.
Because when your asset is produced again and again, each unit will lose value because more units will exist because more units are produced constantly.
Producing an asset again and again, for an indefinite time, is inflation.

Avoid inflation in your investments by only choosing coins where coin numbers are capped and have a total limit:

Some capped coins:
- Bitcoin (21 000 000 coins)
- Litecoin (84 000 000 coins)
- Avalanche (720 000 000 coins)
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